Securitas Security Services USA, Inc. Signs 11- Year Lease for 17,500 Square Feet of Space at 1412 Broadway

By Suzanne Dawson

Published on February 22, 2010

New York- February 22, 2010 – Colliers ABR, announced today that Securitas Security Services USA, Inc., a knowledge leader in security guarding services, has signed an 11 year lease for 17,500 square feet of space at 1412 Broadway, occupying the entire 17th floor.

Securitas USA plans to relocate and consolidate offices from three different locations in Manhattan to 1412 Broadway. The move will occur by April 1, 2010 and will create a new Manhattan headquarters.

Said Thomas Hauck, President of the New York/New Jersey region of Securitas USA, “The entire Securitas USA team is excited about this move. The iconic Times Square setting gives us a beautiful, high visibility location, as well as unmatched transportation options. This will benefit both our clients and our employees.”

“We were able to wrap up this deal in six weeks, which is virtually unheard of in this market,” said Mark Furst, Managing Director at Colliers ABR, now operating as Cassidy Turley. “We were very pleased to have identified this space for Securitas USA so quickly. Both the landlord’s and tenant’s teams worked around the clock to get the lease executed in eight days.”

The landlord, 1412 Broadway LLC was represented by Jesse Rubens, Senior Executive Managing Director of Murray Hill Properties. Nicky Heryet, Senior Managing Director and Mark Furst, Managing Director at Colliers ABR, now operating as Cassidy Turley represented Securitas USA in the transaction.

Securitas Security Services USA, Inc. is the nation’s leading security provider, and along with its affiliates, offers security solutions that include uniformed security officers, mobile patrol, and consulting and investigations. Securitas USA employs 100,000 and has been a security provider to a wide spectrum of clients ranging from small businesses to more than 80% of the Fortune 1000.

About Cassidy Turley
As of March 1, 2010, Colliers ABR will operate as Cassidy Turley. Cassidy Turley is one of the nation’s largest commercial real estate service firms, with 420 million square feet of managed space in 58 locations and $16 billion in completed transactions for 2008. Cassidy Turley is a privately held firm owned by its 360 shareholders created from the August 2008 merger of Cassidy & Pinkard Colliers in Washington, DC, Colliers Turley Martin Tucker in the Midwest, Colliers ABR in New York City and Colliers Pinkard in Baltimore, Charlotte and Raleigh, along with the addition of BT Commercial and CPS in Northern California (formerly affiliated with NAI and CORFAC, respectively), BRE Commercial in Southern California and Phoenix (both formerly affiliated with Grubb & Ellis) and Colliers Houston & Co. of New Jersey. Through its team of experienced service professionals, Cassidy Turley focuses on the needs of its clients, offering end-to-end services delivered across a full spectrum of commercial real estate including Capital Markets, Corporate Services (which supports more than 22,000 locations), Landlord and Tenant Representation and Property and Project Management. The firm also offers specialty services and industry focused practice groups as well as first class market research. In addition, Cassidy Turley is a leader in assisting clients to create more sustainable workplace environments.

Suzanne Dawson
Alschuler & Kaplan, Inc.

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